What is the neoliberal stance on taxation?

What is the neoliberal stance on taxation?

The neoliberal stance on taxation is generally in favor of lower taxes and limited government intervention in the economy. Neoliberals argue that lower taxes encourage economic growth, investment, and entrepreneurship, leading to increased productivity and job creation. They believe that individuals and businesses should have more control over their own finances and that excessive taxation can hinder economic development. Neoliberals often advocate for tax cuts, simplification of tax systems, and reducing the overall tax burden on individuals and businesses.